ACCELL ADVANCES TRANSFORMATION PLAN WITH HEERENVEEN SITE CHANGES

Heerenveen, the Netherlands – Accell, a leading European manufacturer of bicycles, bicycle parts and accessories, is shifting the focus of its Heerenveen site as the next step in its Transformation Programme. Heerenveen will evolve into a strategic hub, focused on core capabilities such as design, engineering and support functions. Manufacturing will be phased out of Heerenveen and integrated into the existing manufacturing footprint. Closing of the factory is anticipated by the end of Q1 2026.